LockBit Ransomware: Definition, Signs of Threat, and How to Protect from Attack

Armfalcon.com, JAKARTA — The hacker group LockBit Ransomware has claimed responsibility for the cyber attack on Bank Syariah Indonesia (BSI). LockBit Ransomware admits to stealing some information from BSI.

“We also want to inform you that we have hacked 1.5 terabytes of personal data,” LockBit wrote in a threatening letter, as quoted by Twitter @darktracer_int, Saturday (13/5/2023).

LockBit Ransomware has given 72 hours to negotiate the issue. It says in his threat letter that the deadline is May 15, 2023, 21:09:46 UTC.

There are a few things to know about LockBit Ransomware. Quoted from KasperskyLockBit Ransomware is malicious software designed to block a user’s access to a computer system in exchange for paying a ransom.

LockBit will automatically scan for valuable targets, spread infections, and encrypt all accessible computer systems on the network. The ransomware is used for highly targeted attacks against companies and other organizations.

What is LockBit Ransomware?

LockBit is the new ransomware attack in a long series of extortion cyberattacks. Formerly known as the ABCD ransomware, it has developed into a unique threat within the scope of this extortion tool.

LockBit is a subclass of ransomware known as crypto viruses because they form ransom demands around a financial payment in exchange for decryption. Most attacks focus on companies and government organizations rather than individuals.